Would the seller owe you in the "Perfect Ethical Transaction Universe"??     

They also calculate global borrower financials, so your DTI does matter (albeit it's offset a little by the asset your purchasing), but still their underwriting is much more rigorous.

Here's the analysis:As far as renters, we are 10 minutes from a large university and with parking for 8 vehicles legally we could absolutely rent it by the bedroom to a bunch of college kids.

They put you through the ringer for a simple rental property (DTI, global cashflow, tax returns, paystubs etc etc.)

I am University Park, MD right outside of DC.

This property is 60 years old and in a nice neighborhood, located within 1/4 mile of two private schools and a university.

Also, keep in the mind the global issues we are facing.

I am a college student at Oregon State University currently studying engineering, and I am trying to build my real estate education so I will be better prepared for investing when I join the workforce after school.

Since it is student housing, (and knowing the university's response) I don't think rent collection would be an issue (since most would be paying with student loans/parent funds).

Purchase price: $73,900 Cash invested: $1,500 Sale price: $123,500 After being accepted to Eastern Washington University I couldn't find housing on campus.